Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Marshall Financial Group Inc. ADV

Marshall Financial Group Inc. ADV lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 296,298 shares of the company’s stock after selling 4,542 shares during the quarter. Schwab US Broad Market ETF accounts for 6.0% of Marshall Financial Group Inc. ADV’s holdings, making the stock its 6th biggest position. Marshall Financial Group Inc. ADV’s holdings in Schwab US Broad Market ETF were worth $18,628,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bruce G. Allen Investments LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC acquired a new position in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $30,000. Johnson Financial Group Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock valued at $41,000 after buying an additional 319 shares during the period. Scarborough Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $43,000. Finally, Principal Securities Inc. acquired a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $46,000.

Schwab US Broad Market ETF Stock Up 0.2 %

Schwab US Broad Market ETF stock opened at $65.22 on Tuesday. The company has a 50 day moving average of $63.73 and a 200-day moving average of $61.87. The stock has a market capitalization of $29.98 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $65.57.

Schwab US Broad Market ETF Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.